Homework: 4-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 6 of 125 complete) HW Score: 26%, 13 of 50 pts P4-8 (similar to) Question Help 0 Related to Checkpoint 4.3) (Analyzing Profitability in 2016. The Allen Corporation had sales of $70 milion, total assets of million and total abilities of S24 milion. The interest rate on the company's debt is 5.9 percent, and its tax rate is 35 percent. The operating profit margin is 13 percent a. Compute the firm's 2016 net operating income and net income b. Calculate the firm's operating return an assets and return on equity. (Hint: You can assume that interest must be said in all of the firm's abilities.) a. Compute the firm's 2016 net operating income and net income The firm's 2016 net operating income is million (Round to two decimal places Enter your answer in the answer box and then click Check Answer. 2 3 parts remaining Clear All Check